Key Changes to Local Revenue: HB 581 & HB 92

House Bill 581

Passed during the 2024 legislative session and signed by Governor Kemp, HB 581 introduces key changes that will impact local government revenue. This bill includes procedural modifications to property tax assessments and appeals, a new statewide homestead exemption (which local governments can opt out of), and a local option sales tax aimed at providing property tax relief.

Resources

• HB 581: Frequently Asked Questions
• HB 581 Summary and Guidance Presentation
• Homestead Exemption “Opt-Out” Guidance and Model Resolution
• Recording of Oct. 16, 2024, HB 581 Webinar

House Bill 92

House Bill 92, passed during the 2025 legislative session, made key revisions to the provisions of House Bill 581. These include changes to the estimated roll-back rate, statewide floating homestead exemption, and Property Tax Relief Local Option Sales Tax (PTRLOST) eligibility.

Resources

• Estimated Roll-Back Rate Guidance and Best Practices (PDF)
• Recording of April 22, 2025, HB 92 Webinar
  • Slide deck from April 22, 2025, Webinar (PDF)